Is it possible for Jiaozhou Chengtou to close down?

No, because the city investment companies are all state-owned companies in the city, and the local government will provide financial support to the city investment companies to ensure that the city investment companies can operate normally, so Jiaozhou City Investment Company may close down. City investment company is the abbreviation of urban construction investment company, and it is the investment and financing platform of major cities in China. It originated from 199 1 and assumed the corresponding government functions. It is a special market operation entity.